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Re: weazelboy post# 5491

Wednesday, 11/15/2017 3:41:14 PM

Wednesday, November 15, 2017 3:41:14 PM

Post# of 9139
Weazel,

Methinks not likely. Stock has to be higher to execute the warrants anyway. Why would he pay more. And the warrants I am certain have a cashless exercise option where holder doesn’t have to pay a dime. AND .... even further .... ZIVO can change the terms of the warrants any time they want. If they wanna make the exercise price less. They can.

Frankly there really isn’t any reason for him to be buying the stock. If anything, he’s the reason the company exists today and has done his fair share as it is. Did you notice all the directors had votes against them .... except Maggiore ??? LOL .... wondering why more shareholders have not voted against the BoD ... excepting Maggiore. The man has done his part for YEARS. I hazard a guess the purchases are his way of showing shareholders that he is confident in the compnay and commercializing the algae.

Honestly his buying here after the company has issued millions of shares and warrants in the last round of financing doesn’t even dent anything. So there really is no point to it beyond a display of confidence.

I do think it is time for this stock to be inching ever so slowly higher, but there is still plenty of stock for sale. Someone will have to clean it out or mgmt provide some news to make sellers think twice. I would typically buy the stock in this area, but I have 3 microcaps I have much more confidence in right now that are trending in the right direction and I’m having too much fun working crypto currencies right now. So ZIVO won’t be seeing any cash from me any time soon.

Amigo Mike
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